David Koch builds business

Starting out as cadet reporter on The Australian newspaper, David Koch has a long and impressive career in finance and business journalism and publishing. But you probably know him best as the male anchor on Channel 7’s Sunrise breakfast program.

David Koch KochieHis production company Pinstripe Media is responsible for the small business show Kochie’s Business Builders, which is the major partner of this year’s revamped National Small Business Summit in Brisbane. And if you had to name Australia’s most well-known small business commentator it would probably be him. Having owned and run a variety of small businesses and made plenty of his own mistakes over the years, the advice he gives on TV also comes from a very personal place.

Finance nerd to TV star

It has been six years since he sold his interest in the magazine he started, MyBusiness, but he still has an active interest in small business issues. “I love small business and I love providing information about it,” he says. “I’ve always been a finance nerd. I was a finance journo first and foremost and Sunrise was something I just fell into. Who would’ve known? But that’s what life throws up.”

Kochie’s Business Builders is in its sixth series with more than 100 Sunday morning shows in the bag. Presenting small business advice and information in a way which is easy to understanding and doesn’t frighten people is something the 54 year-old is passionate about. “Many people make the mistake of thinking small business is just like big business but on a smaller scale. It’s not. What they need to understand is that small businesses are a collection of individuals just like them, with families and other interests too. They love what they’re doing but they really feel the pressure.

“They have to deal with a lot of admin, they’re wearing a lot of hats and they’re sometimes very isolated. My view with giving small business advice is that you have to focus on the individual.”

Business owners inspire me

Koch loves the fact that small business owners are so much closer to what they do. “They’re passionate about their product and loyalty is their pay cheque,” he says. “I get really inspired by it. There are some amazing private business owners out there. They don’t want to big themselves up, they’re not wankers, they just get on with it. They run great businesses and provide terrific employment opportunities.”

The ones he respects most though, are those who manage to run great businesses and have a life. “They are the sort of people who are grounded and who cherish their personal life and families as much as their business. The people who disappoint me are those who ride on the success of their business and sacrifice their relationship or family. Life’s just too short to do that.”

[Next: There is more to life than work for Kochie]

  • Sharon

    Hi, just a week or so ago there was a segment on the show about a site that had like lawyers, accountant or even a web designer on it. you submitted what you were wanting and then someone would get back to you. Would love to know the site.

  • http://www.tonofun.com.au John/Lorraine Wortes

    Hi David
    Just asking a question please.We asked for help from NAB.
    Family fun park since 1982 & 100 year old guest house still running.
    NAB put receivers in our 2 businesses cut off our income.Assets out way our loan before.
    18% default eating us up, no help
    Sickness sm & blood clot, bad weather/econ & our fault IN LAST YEAR ONLY
    Trying to keep fun park alive but NAB receivers seem to be going to scrap it.
    looking for someone to keep our dream alive
    Both properties reduced to sell
    thanking you

  • http://Googlemadenergysolutions Christopher Buckley

    HI David,

    I have joined forces a new business that is about to explode onto the world market.
    Due to contractual restrictions, my website is void of company names and logos. Woolworths, Harvey Norman, Apple, Walmart and 20,000 other big and small traders world wide with 110,000,000 products on line.They will produce TV add for less than $500 with a Full 3 to 4 day professional production.
    Being in pre-launch I am some what resricted however,
    I would love to meet you in person and have a chat about it. I am permited to verbally talk to a private citisen.

    meeting topics:
    Give you a heads up personally. you may wish to profit from it.
    It will become big news in the supermarket wars.
    Answer any questions you may have or direct you to who can answer the tough questions.